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MINING Compressed.Pdf ADVANCINGTHE EITI IN THE MINING SECTOR A consultation with stakeholders The Extractive Industries Transparency Initiative (EITI) is a globally developed standard that promotes revenue transparency at the local level. It is a coalition of governments, companies, civil society, investors and international organisations. Through robust yet flexible methodology company payments and government revenues from oil, gas and mining are published, and discrepancies are reduced. Although the EITI Board and the International Secretariat are the custodians of the EITI process, implementation takes place at the country level, in a process that emphasises multi-stakeholder participation. www.eitransparency.org Advancing the EITI in the Mining Sector A consultation with stakeholders © EITI 2009 The views expressed in this publication are those of the authors and the contributors. Edited by Christopher Eads, Paul Mitchell and Francisco Paris. Additional inputs were made by Jonas Moberg, Eddie Rich, Sam Bartlett and Tim Bittiger. Designed by Alison Beanland Photography on the cover by Karl Schoemaker, courtesy of AngloGold Ashanti ADVANCINGTHE EITI IN THE MINING SECTOR A consultation with stakeholders CONTENTS FOREWORD 5 AbOuT THIS publICATION 6 CONTEXT TO MINING AND THE EITI 1 THE buSINESS CASE FORTHE EITI 7 Edward Bickham 2 THE EITI AND THE MINING SECTOR TODAy 10 Francisco Paris and Sam Bartlett 3 THE STRuCTuRE OF THE GlObAl MINING SECTOR 21 Paul Mitchell 4 TAxATIONANDINVESTMENTISSuESINMINING 27 Paul Mitchell 5 MulTIlATERAl FINANCING TO THE MINING SECTOR AND THE EITI: the AfDb’s case 32 Christopher Wright 6 EITI – ONE OF MANy EFFORTS: Other initiatives for the extractive sector 39 Jonas Moberg, Juan Carlos Quiroz and Maaike Fleur CASE STUDIES 7 buIlDINGTRuSTTHROuGHTRANSpARENCyINpOST-CONFlICTDEMOCRATICREpublICOFCONGO 46 Kristian Lempa and Delphin Tshimena 8 REVIEWINGHAlFADECADEOFEITIIMplEMENTATIONINGHANA’SMININGSECTOR 50 David Nguyen-Thanh and Maya Schnell 9 TRANSpARENT buSINESS pRACTICES: ArcelorMittal’s participation in lIbERIA’s EITI (lEITI) 55 Steve John and Marcus Wleh 10 lEARNING-by-DOING: civil society engagement in mining in Mongolia 59 Dorjdari Namkhaijantsan 11 TAkING THE SpIRIT OF EITI TO THE Sub-NATIONAl lEVEl: the case of peru 64 Fernando Ruiz-Mier 12 TRANSpARENCy AT THE lOCAl lEVEl: the case of Cerrejón in the Guajira Region in Colombia 69 Alexandra Guáqueta 13 FACIlITATING CONSIDERATION OF THE EITI IN A lARGE COuNTRy: the case of Indonesia 75 David W. Brown and Chandra Kirana 14 A pRIVATE SECTOR pERSpECTIVE: debating adherence to the EITI in Zambia 80 Sixtus C. Mulenga 15 REVENuE REpORTING pRACTICES IN AuSTRAlIAN ExTRACTIVE SECTOR 83 Laura Missingham, Luke Bewley and Erica Ferguson 16 TRANSpARENCy IN DEVElOpED COuNTRIES: the Case of Canada 89 Natural Resources Canada GUIDANCE 17 pRACTICAlIMplEMENTATIONCHAllENGESFORMININGCOMpANIES 92 International Council on Mining and Metals (ICMM) 18 A MINING SupplEMENT TO “Drilling Down – The Civil Society Guide to Extractive Industry Revenues and the EITI” 100 Evelyn Dietsche and Elizabeth Bastida and the Revenue Watch Institute 19 ADVANCING THE EITI IN THE MINING SECTOR: Implementation Issues 112 Sefton Darby and Kristian Lempa8 ADVANCINGTHE EITI INTHE MINING SECTOR FOREWORD 1 out of the 2 EITI Candidate countries are mining countries and 23 out of 0 companies supporting the EITI are mining companies. Although the EITI methodology applies well to the mining sector, more can be done to refine the EITI process to improve implementation in the mining context. We in the EITI, together with many of our stakeholders, are pleased to present this publication. It is part of our efforts to further the understanding of the sector and respond to the mining-specific challenges for EITI implementation. Much can be learned through sharing experiences from early EITI implementation in mining countries and from discussing these issues with mining stakeholders. The mining sector is complex. Different taxation regimes, great diversity of minerals, diverse geology, numerous companies of varying size and often with greater local impact than oil and gas companies, among other specific issues, pose unique challenges when working to improve transparency in the revenue flows that the sector generates. The EITI has been well aware of these challenges since the beginning, when they were highlighted by the EITI International Advisory Group. Many people and organisations have contributed to this effort. We are much obliged to all contributors for their time and effort in producing this volume. We wish to acknowledge the support from paul Mitchell who chaired the consultative meetings and helped in editing this volume. We are grateful to a partial financial contribution by the International Council on Mining and Metals. We also wish to thank AngloGold Ashanti, ArcelorMittal, AusAID, Cerrejon, George Forrest International, International Finance Corporation and Newmont Mining Corporation, for providing us with photographs to illustrate the publication. Issues covered include taxation regimes, dealing with in-kind contributions, materiality, small scale mining, and sub-national flows. The case studies bring important lessons: implementing the initiative in post-conflict countries, ensuring stakeholder engagement including companies’commitment and civil society’s effective participation, the importance of stressing local involvement in the implementation and how transparency is addressed in developed countries. Three publications were launched in 2008 aimed at providing guidance to EITI practitioners: the World bank’s Implementing the Extractive Industries Transparency Initiative, the Revenue Watch Institute’s Drilling Down, and the EITI’s Business Guide. The last three chapters of this volume provide supplementary guidance tailored to mining contexts to match these three publications. The EITI has also continued to provide additional guidance in other relevant aspects to implementing the initiative. Concurrently with this publication we are launching Talking transparency: How to communicate the EITI, which will provide mining stakeholders with more guidance on the difficult task of communicating the complexities of this sector. The next 12 months are crucial for the first Candidate countries to complete the Validation process. All of us involved in producing this publication hope that it will be helpful in mineral-rich countries’efforts to implement the EITI and become EITI Compliant. The EITI International Secretariat looks forward to continuing collaboration with mining stakeholders to ensure the EITI becomes a global standard and useful tool for improving transparency in the extractive industries. Jonas Moberg Head of the EITI International Secretariat February 2009 ADVANCINGTHE EITI INTHE MINING SECTOR AbOuT THIS publICATION The idea The production In 2006, the EITI International Advisory Group identified several production of this document was coordinated by Francisco paris challenges ahead for the EITI. paying more attention to the at the EITI International Secretariat.3 Opinions expressed in each specific context of the mining sector was among them.1 contribution reflect those of each author and not necessarily Following on this, when the EITI International Secretariat those of the EITI International Secretariat. This publication opened in Oslo in September 2007, addressing the mining does not constitute EITI formal policy and should be read as a context for the EITI was included in the 2008 Work plan.2 collection of viewpoints that enrich the debate about This publication is the first outcome of the consultative process transparency in the extractive sector and will inform further we began in order to further our understanding of the EITI refinements to the EITI model. within the context of the mining sector. Our purpose was to discuss mining-specific issues with photographs mining stakeholders, share lessons learned and identify possible photographs for chapters 3, 6 and 10 are courtesy of AngloGold refinements to the implementation of the EITI in a mining Ashanti, for Chapter 9 of ArcelorMittal, for Chapter 15 of AusAID, context. We invited over 20 stakeholders from companies, civil for Chapter 12 of Cerrejon, for Chapters 7,16 and 17 and society organisations and practitioners directly involved in EITI Introduction of George Forrest International, for Chapter 11 and implementation, to take part in informal discussions and to 18 of the International Finance Corporation, for Chapter 8 of collaborate in the production of this publication. This volume is Newmont. The rest of the pictures were taken by the EITI in a the outcome of this consultative process. visit to Ghana in February 2008. The consultation process We held various teleconferences and met in Washington, DC on the margins of the IMF’s conference on mining taxation in September 2008. We agreed that this first consultation would result in a publication with three main parts: the mining context in which the EITI is implemented today, case studies from around the world and guidance to implementation. Although not exhaustive, this publication includes contributions from companies, civil society and practitioners at country level in Africa, Asia and in North and latin America and both EITI implementing, supporting and potential EITI countries. The sample of the EITI universe represented here is broad and we hope it encourages other organisations, countries and stakeholders to take part in the future about expanding and enhancing the EITI model. 1 See Section 3 of the Report
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